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MORTGAGE STRESS! MAKING ENDS MEET

August 7, 2018 - 10:27 -- Admin

When I bought my first home back in 1973, Australians were being advised not to pay more than 25% of their net income on their mortgage. It was sound advice and one, even the banks used, to calculate whether the mortgagee would be able to meet the quarterly repayments. As a further rear guard action,…

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